Friday, April 04, 2008

Bailing out the lenders

I've been grousing a bit about this. The sub-prime mortgage loans were obviously risky, and while I understand the problems of companies being too big to let fail, it didn't sit well with me to cough up money to pull them out of trouble.

But maybe it turns out we have a moral obligation to bail out the companies who were only doing what they were told to do.

No comments:

Post a Comment